# Herndon Investment Management, LLC

> Herndon Investment Management, LLC is a state-registered investment advisory firm, registered since 2022, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated January 25, 2026.

- CRD: 309564
- Filed as: HERNDON INVESTMENT MANAGEMENT, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Indiana
- Filing period: October 2026
- Form ADV filing dated: January 25, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/309564
- AdvisorCensus page: https://advisorcensus.com/firm/herndon-investment-management-llc-309564

## Quick answers

**How is Herndon Investment Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Herndon Investment Management, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Herndon Investment Management, LLC registered with the SEC or a state?**
Herndon Investment Management, LLC is a state-registered investment advisory firm, registered since 2022. Status as filed: APPROVED. CRD 309564.

**How much does Herndon Investment Management, LLC manage?**
Herndon Investment Management, LLC reports $37,705,638 in regulatory assets under management in its Form ADV filing dated January 25, 2026 (100% discretionary).

**What types of clients does Herndon Investment Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (32); high net worth individuals (12).

**Does Herndon Investment Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/309564

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $37,705,638
- Discretionary: $37,705,638
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 32 | $11,199,423 |
| High net worth individuals | 12 | $26,506,215 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2022 (4 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Herndon Investment Management, LLC (CRD 309564): Form ADV filing data as of October 2026.